Tokenized stock platform Ondo plans to launch its stock tokens on the first day of Anthropic's listing.

on November 6, according to The Defiant, Ondo Finance plans to launch stock tokens for Anthropic via its tokenized stock platform, Ondo Stocks, on the first day of the company's public trading. The specific listing date has not yet been confirmed.

Under the legal structure of Ondo Stocks, investors hold structured notes issued by Ondo Global Markets (BVI) Limited and backed by underlying securities, rather than directly holding the stocks.

Token holders may redeem their tokens at the value of the underlying assets, but do not hold shareholder voting or information rights.

This product is not available to U.S. persons; non-U.S. retail and institutional investors complying with local restrictions are eligible to use it. Direct minting and redemption require identity and anti-money laundering verification.